Springboard news and archive

UK retail footfall surges during late May Bank Holiday weekend

UK retail destinations experienced a 5.4 percent increase in footfall during the three-day late May bank holiday weekend, as the warm and sunny weather drew more people outdoors. Data from Springboard shows High streets saw an 8.5 percent rise compared to the same period last year, while retail parks witnessed a 5.2 percent uplift on bank...

Retail

UK footfall dropped in March as consumers face cost of living crisis

March delivered a sharp shock to UK retail destinations with a decline in footfall of -2.8 percent, according to data from Springboard. Where February saw an increase that bettered the same month in other years post pandemic, what came to pass was the first month on month decline in footfall in March since MRI Springboard started publishing its...

Retail

UK retailers at behest of unpredictable and extreme weather

One minute it snowed, the next it rained, in what was a week of extreme weather. As a result, shoppers were less keen to venture out, with week-on-week footfall on UK high streets dropping by 10.1 percent. Across all UK retail destinations the footfall gap to 2019 widened to -15.7 percent from -10.9 percent the week previous, according to data...

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Retail

Springboard publishes annual UK retail review 2022

Retail experts Springboard’s annual retail review for 2022 shows a slow but steady recovery for the UK’s retail landscape. While footfall in 2022 remained 14.2 percent under 2019 levels, January 2023 has already shown some days to have reached the same trading peaks as during pre-pandemic times. Springboard said the recovery in footfall in UK...

Retail

Post Christmas footfall drops -27.7 percent compared to previous week

In what proved to be a mixed Christmas season, footfall in the week following the holidays were down -27.7 percent compared to the week leading up to Christmas Day. Boxing Day, however, drew plenty of shoppers, with data from Springboard showing footfall on average to be 38.8 percent higher, yet lower when compared to 2019 levels by -19.7...

Retail

Cold weather keeps Christmas shoppers at home

With just one week to go until Christmas, UK consumers largely shopped from home last week as cold weather and retail strikes severely hit high street retailers. Pre-Christmas footfall plummeted 10.2 percent according to the latest figures from Springboard, and down 20.1 percent compared to 2019. Shopping centres saw a slight increase of 1.6...

Retail

UK retailers boosted by Black Friday footfall

The Black Friday bonanza expected by retailers saw a significant uptick in footfall according to data from retail experts Springboard. The high street and retail parks were popular (11.3 percent and 7.1 percent respectively) but shopping centres saw the biggest rise in footfall with 16.8 percent. The shopping event, which has expanded from the...

Retail

Black Friday footfall in UK expected to be 12.8 percent higher this year

UK retailers could be in stall for a jump in footfall this year despite the cost-of-living crisis. Footfall is expected to be 12.8 percent above last year’s levels across all UK retail destinations, according to figures from Springboard. It comes as shoppers are expected to seek out high discounts to offset soaring inflation. Despite that jump,...

Retail

In the run-up to Christmas, cautious consumers are keeping footfall below expectations

As the UK awaits the Government’s Autumn Budget update on Thursday, the expected tax rises and spending cuts are keeping shoppers at bay. New data released by retail experts Springboard, show footfall rose by just 1.3 percent across UK retail destinations last week, despite the run-up to Christmas expected to improve trading conditions. Footfall...

Retail

October saw shoppers return to the high street

Springboard’s October footfall insights show shoppers returned to the high street in a month that was buoyed by school half term holidays. Compared to 2019, footfall levels were down 9.8 percent, versus 12.6 percent in September and 7.8 percent higher than in 2021. It is also the first time that the gap from 2019 has been less than -10 percent...

Retail

City footfall increases as workers return to the office

A rise in office office workers is having a positive affect on footfall, which last week rose 3.3 percent in city centres as commuters and workers returned to their workplaces. In central London footfall increased 4.4 percent, while high streets across the nation saw an uptick of 1.6 percent. According to retail experts Springboard, the modest...

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Business

MRI Software acquires footfall provider Springboard

Real estate software solutions MRI Software has acquired UK-based Springboard, the leading provider of footfall counting and artificial intelligence (AI)-powered analytics for retailers, landlords, and government bodies. Founded in 2002, Springboard holds the industry’s largest and most comprehensive data set on footfall and serves more than 450...